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Goal: Existing affordable housing, whether subsidized or
not, is preserved and no residents live in substandard conditions.
Five-Year Focus:
- Adopt a flexible rehab sub-code that provides clear guidelines for each
category of rehabilitation, increases the predictability for property owners
and reduces the cost of rehabilitation.
- Evaluateg rehabilitation.
- Increase the use of tax sales of delinquent properties for fairness to
other taxpayers and to create housing rehabilitation opportunities.
- Encourage and support the Vermont Housing Finance Agency in an effort to
secure voluntary affordability preservation agreements for those privately
owned Section 8 and Low Income Housing Tax Credit (LIHTC) developments
without such protections.
- Enact an ordinance that requires every rental
property placed on the market for sale to be inspected for Minimum Housing
Code compliance prior to sale.
- Promote use of the federal Rehabilitation Investment Tax Credit program
among Burlington property owners.
- Continue to operate and augment the resources for a rehabilitation program
for privately owned rental housing (RePAIR).
- Ask the Vermont Commissioner of Banking, Insurance and Health Care Access
to investigate rapidly escalating insurance costs for multi-family rental
property and housing designed for people with special needs or to explore
more affordable alternatives to private-sector insurance.
- Support a statewide rental housing inspection program for communities that
do not already have a local inspection program.
- Rehabilitate sub-standard housing through loans and grants provided by the
City's Home Improvement Program to owner-occupants of 1 to 4 unit
buildings.
- Support the housing repair and rehabilitation work of nonprofit housing
organizations.
Page last updated May 13, 2003
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